An excellent piece. This is precisely why I shuttered a very profitable successful hedge fund to start this company.
http://www.aljazeera.com/indepth/features/2012/02/201222051514575294.html
“Industrial civilisation’s entire economy is based on a finite resource we treat as infinite.”
Supply is a problem, and prices are running. Where does YOUR diesel and jet fuel come from?
SocGen Lays It Out: “EU Iran Embargo: Brent $125-150. Straits Of Hormuz Shut: $150-200″
http://www.zerohedge.com/news/socgen-lays-it-out-eu-iran-embargo-brent-125-150-straits-hormuz-shut-150-200
Think the military isn’t deadly serious about alternative fuels?:
“The Defense Production Act and aviation biofuels
To ensure that a commercial market for advanced biofuels developed, the US Government recently invoked the Defense Production Act of 1950, issuing a presidential finding the advanced biofuels were total to national security.”
Our customers are literally screaming for this stuff! Let’s hurry up and get this plant built!
We will be presenting at the Cleantech Innovation Forum in Spokane Washington next week, February 15th.
We hope to see you there!
Those roaring engines need some fuel!
We are very pleased to announce the addition of two new members to our advisory board!
Donald Skelton is the former president of the National Freight Transport Association, the largest shipper/carrier association in the country.
Mark Fitz is the president of Star Oilco, and brings extensive experience in the downstream fuel distribution space.
Their input and advice will be very valuable as we continue the process of forming strategic relationships with numerous key project partners going-forward. Welcome to the team guys. We are all looking forward to great things going-forward!
Oil production is booming — but for how long?
“Most economists view the economic growth of the last century and a half as being fueled by ongoing technological progress,” Hamilton concludes. “Without question, that progress has been most impressive. But there may also have been an important component of luck in terms of finding and exploiting a resource that was extremely valuable and useful but ultimately finite and exhaustible. It is not clear how easy it will be to adapt to the end of that era of good fortune.”
Peak Oil in the Washington Post…
Will wonders never cease!!!
Meanwhile, per ASPO-USA: “In Washington the EIA made a major downward revision in the estimated amount of gas that can be recovered from the Marcellus Shale in the Eastern US. The Agency now projects that 141 trillion cubic feet can be recovered vs. last year’s estimate of 410 trillion.”….. “oops”… That’s very confidence-inspiring in the reliability of those reserves as our great energy savior going-forward..
Air Force Tells Biofuels Industry to ‘Bring It’
““I’m throwing the gauntlet down to industry,” said Timothy Bridges, deputy assistant secretary of the Air Force for energy, environment, safety and occupational health. “We’re doing our part. We’re asking them to do theirs and support the country as we move toward alternative energies,” he told National Defense in an interview at the Pentagon.”
http://www.nationaldefensemagazine.org/archive/2011/January/Pages/AirForceTellsBiofuelsIndustrytoBringIt.aspx